Gold Loan Vadodara

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Why Gold Loan Vadodara

Overcome your crises with the best possible option-Gold Loan. No need to wait so long or stand in a queue for the approval of your loan. Get instant approval and hassle free process. Available on simple documentation. So apply for gold loan Vadodara and avail the best offers on your product.

What is Gold Loan?

The loan that is given against gold, is known as Gold Loan. This includes the gold ornaments of the borrower excluding the diamond articles and mangal sutra. The borrower keeps his gold ornaments as collateral with the lender and takes the money against those ornaments.. Many go for the fulfillment of their short term goal through gold loans, such as their child’s education, marriage or other family problems. Many think that instead of keeping it idle at home or in a locker, the gold loan is the best option.

About Vadodara:

Vadodara, previously known as Baroda, is the cultural capital of the Indian state Gujarat. It is located on the banks of the Vishwamitri river. The city is a home to various large-scale industries such as Indian Oil Corporation(IOCL), Gujarat State Fertilizers & Chemicals (GSFC), Indian Petrochemicals Corporation Limited (IPCL, now owned by Reliance Industries Limited) . Heavy Water Project, Gujarat Industries Power Company Limited (GIPCL), Oil and Natural Gas Corporation (ONGC) & Gas Authority of India Limited (GAIL).

Advantages of taking Gold loan:-

Easy and Hassel-free Process

Approval in 30 minutes

Simple Documentation

Dedicated Assistance

No salary certificate or credit card history is required

Lowest Interest Rate

Interest Rate of Gold Loan

Interest Rate:

Generally gold loan is available at the interest rate of 11.5% to 14.5%

ROI for tenure less than 1 year is also available at 1%

Processing fees equals to 2000

Borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay complete borrowed amount in a single shot

Foreclosure Charges- charges that are to be paid when the loan is closed before the tenure is completed.

foreclosure charges can be up to 1%.The minimum loan tenure is 6 Months.

So foreclosure charges after 6 months are 0.

Charges for late payment of loan Amount

2% p.a. as penal interest over and above the applicable rate of interest.

* Interest rate can vary as per individual’s portfolio. * All loans repayment period are over 6 months. No short term loans.* Credit at sole discretion of the Banks we have a tie-up with./span>* The Organisation do not charge money from customers.